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Steel News

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Home Steel News WBMS: Aluminum sees surplus in Jan-Mar
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WBMS: Aluminum sees surplus in Jan-Mar

19 May 2016 13:17 reported by Eva

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The report released by World Metal Statistics (WBMS) that this year, the global primary aluminum market was in a slight excess supply of 48,000 tons during the first 3 months of this year.

The primary aluminum demand during the first 3 months was 13.28 million tons, reducing by 664,000 tons compared with the same period last year.

The primary aluminum's inventory in March increased by 17,000 tons, the total inventory was 3.653 million tons until the end of March.

EU's primary aluminum production in 28 countries increased by 2.7% during the first 3 months, and the North American Free Trade Area production decreased by 2.9%.

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Metal Price Index

  • Created with Highcharts 4.0.41. Jul1. Aug1. Sep14,50015,00015,50016,000
  • Created with Highcharts 4.0.41. Jul1. Aug1. Sep25002600270028002900
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  • Created with Highcharts 4.0.41. Jul1. Aug1. Sep10,00092509500975010,250
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LME Official Bid Price

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